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NESF Nextenergy Solar Fund Limited

73.20
-0.40 (-0.54%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Nextenergy Solar Fund Limited LSE:NESF London Ordinary Share GG00BJ0JVY01 RED ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40 -0.54% 73.20 73.00 73.40 73.40 73.00 73.30 852,736 16:35:13
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 66.03M 48.32M 0.0818 8.92 431.3M

NextEnergy Solar Fund Limited Director Appointment (7764A)

02/01/2018 5:47pm

UK Regulatory


Nextenergy Solar (LSE:NESF)
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TIDMNESF

RNS Number : 7764A

NextEnergy Solar Fund Limited

02 January 2018

NextEnergy Solar Fund Limited ("NESF" or the "Company")

DIRECTOR APPOINTMENT

The Board of NESF is pleased to announce the appointment of Sharon Parr to the Board as a non-executive Director with effect from 1 January 2018.

Recognising the significant growth of the Company since launch, the Board understood the importance of expanding the Board to help support the future growth of the Company and to further enhance and complement the Board is terms of skills, experience, and knowledge.

Sharon is a Guernsey resident who brings a wealth of experience gained from working in multi jurisdictional Finance Sectors, which include UK, USA, BVI and Guernsey. In her previous role as global head of Barclays trust and fund administration businesses, she had responsibility for staff operating in 10 different countries. Sharon stepped down from her various executive roles in 2011. She has maintained her directorships of the Bridgemere group of companies and remains a Fellow of the Institute of Chartered Accountants in England and Wales and Society of Estate and Trust Practitioners.

Kevin Lyon, Chairman of NESF, commented:

"I am pleased to welcome Sharon to the Board of NextEnergy Solar Fund Limited. Sharon brings a wealth of experience to the Board from her previous roles in a number of organisations and sectors which we believe will help support the Company in its objectives. The Board is looking forward to working with Sharon as we look to further continue the Company's success."

For further information:

 
 NextEnergy Capital Limited    020 3893 1500 
 Michael Bonte-Friedheim 
 Aldo Beolchini 
 
 Cantor Fitzgerald Europe      020 7894 7667 
 Sue Inglis 
 
 Fidante Capital               020 7832 0900 
 Robert Peel 
  Justin Zawoda-Martin 
 
 Shore Capital                 020 7408 4090 
 Anita Ghanekar 
 
 Macquarie Capital (Europe) 
  Limited                      020 3037 2000 
 Nick Stamp 
 
 MHP Communications            020 3128 8100 
 Andrew Leach 
 Ipes (Guernsey) Limited       01481 713 843 
 Nick Robilliard 
 
 

Notes to Editors:

NESF is a specialist investment company that invests primarily in operating solar power plants in the UK. It is able to invest up to 15% of its Gross Asset Value in operating solar power plants in OECD countries outside the UK. The Company's objective is to secure attractive shareholder returns through RPI-linked dividends and long-term capital growth. The Company achieves this by acquiring solar power plants on agricultural, industrial and commercial sites.

NESF has raised equity proceeds of GBP591.9m since its initial public offering on the main market of the London Stock Exchange in April 2014. It also has credit facilities of GBP226m in place (GBP150m from a syndicate including MIDIS, NAB and CBA; MIDIS: GBP54.3m and NIBC: GBP21.7m).

NESF is differentiated by its access to NextEnergy Capital Group (NEC Group), its Investment Manager, which has a strong track record in sourcing, acquiring and managing operating solar assets. WiseEnergy is NEC Group's specialist operating asset management division and over the course of its activities has been providing operating asset management, monitoring, technical due diligence and other services to over 1,300 utility-scale solar power plants with an installed capacity in excess of 1.9 GW.

Further information on NESF, NEC Group and WiseEnergy is available at www.nextenergysolarfund.com, www.nextenergycapital.com and www.wise-energy.eu.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

January 02, 2018 12:47 ET (17:47 GMT)

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